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Darien Lake investing $1.5 million into its latest Genesee County attraction

Posted by admin at 9:00 AM on Oct 4, 2019

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BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors approved incentives of approximately $126,000 for Six Flags Darien LLC at its October 3, 2019 meeting.

The company is proposing to build Wahoo Wave, a new $1.575 million 60-foot tall water ride at the Hurricane Harbor water park which is set to open in 2020.  The project will help retain 380 jobs at one of the county’s largest sales tax revenue generators.  For every $1 of public benefits, this project is creating $4.70 of economic benefit to the local, regional, and state economy.

The GCEDC board also approved an accepting an application from Wright Associates for a $8.9 million capital project that would include the purchase of an existing 139,000 square foot building on Wright Avenue in Le Roy.  In addition to the land acquisition purchase, Wright Associates will invest $2 million to extensively renovate the building and $2 million to purchase new equipment. 

Renovations to the property would include the installation of a new roof, updating the electrical system, improvements to drainage system, repairing and repaving the driveway and parking lot, installation of fiber optic cable, updates to HVAC systems, installation of a fire and security system, installation of spray foam in exterior walls and steel siding, and others.

Wright Associates is seeking approximately $823,000 in mortgage, sales and property taxes. For every $1 of public benefits, the project would create $2.39 of economic benefit to the Genesee County economy.

 

About the Genesee County Economic Development Center (GCEDC): 

The GCEDC is the primary economic development agency in Genesee County, NY.  The GCEDC's mission is to provide the resources to foster community economic success and facilitate new business attraction in order to build a sustainable long-term economy.  This is done through growth, expansion and retention of our existing business base and marketing our community as "business friendly" to attract new businesses.  To accomplish its mission, GCEDC provides a variety of financial incentives, technical assistance and other forms of direct support to enable companies to succeed in the global economy.

The Batavia/Genesee County region has been recognized by Site Selection the number three micropolitan in the United States for business development, and is rated number three by Business Facilities Magazine as a top metro area for food processing and manufacturing growth. 

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